Andjela Radmilac

Open interest reaches all-time high as Bitcoin touches $72k

Bitcoin setting a new all-time high and breaking above $72,000 is a significant milestone for the market. Riding the wave of increased institutional interest in spot Bitcoin ETFs, it smashed through the $68,000 ceiling established in November 2021 after a brief correction to $59,000 and seems to be gearing up for more gains this week. […]
The post Open interest reaches all-time high as Bitcoin touches $72k appeared first on CryptoSlate.
Cryptocurrency

The Coinbase premium is increasing ahead of the ETF

Analyzing the price of cryptocurrencies on Coinbase, especially compared with other global exchanges, is essential for understanding its impact on global market trends. Although the U.S. market may not always lead in terms of trading volume or liquidity, the pricing on Coinbase often sets a trend that resonates across the global cryptocurrency market, underscoring the […]
The post The Coinbase premium is increasing ahead of the ETF appeared first on CryptoSlate.
Cryptocurrency

Bitcoin miners see 19-month high in revenue as halving nears

Monitoring miner revenue is essential for understanding the health and sustainability of the Bitcoin network. Miner revenue, a combination of block rewards and transaction fees, provides a window into the economic viability of Bitcoin mining. In the context of the upcoming halving, which will slash block rewards by half, the analysis of miner revenue becomes […]
The post Bitcoin miners see 19-month high in revenue as halving nears appeared first on CryptoSlate.
Cryptocurrency

Surge in Bitcoin exchange deposits breaks six-month withdrawal streak

After six months of Bitcoin exchange withdrawals outpacing deposits, a reversal occurred this month, signaling a change in holder behavior. The exchange net flow, which measures the difference between Bitcoin deposits and withdrawals on exchanges, turned positive at the beginning of November, indicating a renewed interest in exchange activities among Bitcoin holders. This shift is […]
The post Surge in Bitcoin exchange deposits breaks six-month withdrawal streak appeared first on CryptoSlate.
Cryptocurrency

Transactions on Avalanche surge by 3,040% in November

Avalanche has seen a significant increase in its market value this year. The token has grown substantially with impressive monthly, year-to-date (YTD), and yearly gains. AVAX’s price has surged by over 103% in the last 30 days alone, with a notable 77% increase over the past year. This price growth was accompanied by an even […]
The post Transactions on Avalanche surge by 3,040% in November appeared first on CryptoSlate.
Cryptocurrency

Ethereum’s blue chip DeFi tokens poised for growth

Ethereum’s blue-chip DeFi tokens are garnering significant attention in the crypto market, serving as a barometer for the broader DeFi landscape. These tokens, including Uniswap (UNI), Aave (AAVE), Maker (MKR), Curve (CRV), Synthetix (SNX), Compound (COMP), Balancer (BAL), Sushiswap (SUSHI), represent the most established and widely used DeFi protocols. As key players in the DeFi […]
The post Ethereum’s blue chip DeFi tokens poised for growth appeared first on CryptoSlate.
Cryptocurrency